UBS plans a new round of layoffs involving investment banking, marketing, and wealth management departments. According to sources, UBS is planning a new round of layoffs and will continue to streamline its workforce after acquiring Credit Suisse. It is expected that layoffs will affect over 100 positions in the company's global investment banking department. According to insiders, the layoff plan will be launched in the coming weeks, which goes beyond routine layoffs for underperforming personnel. It is expected that the wealth management and marketing departments will also lay off employees. The bank stated that its goal is to save approximately $6 billion in labor costs in the coming years.